Use the following to answer questions :
-(Table: Coffee and Salmon Production Possibilities) Look at the table Coffee and Salmon Production Possibilities. The table shows the maximum amounts of coffee and salmon that Brazil and Alaska can produce if they just produce one good. The opportunity cost of producing 1 unit of coffee for Brazil is:
A)2 salmon.
B)0.25 salmon.
C)1 salmon.
D)0.5 salmon.

Question

Use the following to answer questions : 
-(Table: Coffee and Salmon Production Possibilities) Look at the table Coffee and Salmon Production Possibilities. The table shows the maximum amounts of coffee and salmon that Brazil and Alaska can produce if they just produce one good. The opportunity cost of producing 1 unit of coffee for Brazil is:
A)2 salmon. 
B)0.25 salmon. 
C)1 salmon. 
D)0.5 salmon.

Quizplus · Accepted Answer

The opportunity cost of producing 1 unit of coffee for Brazil is 0.5 salmon, meaning Brazil gives up 0.5 units of salmon for each unit of coffee produced.

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